Newton, MA – Barkan Compliance Solutions (BCS) has been engaged to provide recertifications and LIHTC compliance services for The Coolidge at Sudbury. BCS is an affiliate of Barkan Management Company, which continues its professional management of both phases of the property.
The apartment community, which offers affordable housing for seniors where income guidelines apply, opened in two phases. Phase 1 opened in 2014 and consists of 64 one- and two-bedroom units; phase 2 opened in November 2020 and offers 56 one-bedroom units.
Amenities include meeting rooms, media rooms, libraries, fitness centers, elevators, and a parking garage. The Coolidge at Sudbury is located at 187-189 Boston Post Road (Route 20), in Sudbury.
The community was developed and is sponsored by B’nai B’rith Housing (BBH), a nonprofit developer whose mission is to ease the housing crisis in the Greater Boston area. In the town of Sudbury alone, more than 25% of households have at least one member who is over 60 years old. And of Sudbury seniors, 30% of households over 65 years old earn less than $50,000 per year, 2000 U.S. Census, localized data set.